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Despite the recent Bitcoin halving event, market reaction remains subdued, with Bitcoin consolidating within a narrow range. Factors like limited supply, increased demand from Bitcoin ETFs, and a rise...
Bitcoin bulls were discouraged by rising geopolitical tensions last week. It has consolidated between $60,000 and $65,000, with $60,000 as a crucial support backed by the 3-month EMA around...
Cryptocurrencies are shedding gains made earlier this year. Ethereum faces hurdles below $3,500, eyeing support at $2,900 amid bearish indicators. Dogecoin's correction echoes the market trend,...
On April 19th, in roughly two days, Bitcoin’s mainnet will undergo its fourth halving at the event block height of 840,000. Each block containing BTC transactions is ordered in a sequential...
Three weeks ago, we showed Bitcoin (BTCUSD) continued to follow the fractal with the January 2021 correction, and based on our Elliott Wave Principle (EWP) analyses, we found that “… we...
(Article by Chris Gannatti and Blake Heimann)One of the biggest events in crypto this year is the much anticipated ‘bitcoin halving’, which is expected to take place in just a few short...
Bitcoin kicked off the week with a bullish tone, hinting at potential upside momentum. A breakout from the symmetrical triangle pattern might ignite fresh bullish sentiment. However, a potential...
Digital asset investment products attracted $646 million in inflows last week, with Bitcoin receiving the lion's share. BTC saw its price jumped 4.5% to above $72,000 today.Digital assets witnessed a...
Bitcoin's rally paused recently as fund outflows from exchanges and ETFs soared. Since January, there's been a noticeable trend of funds exiting digital currency platforms, with the third-largest...
Unfortunately, it has been over two months since we last provided a public update on Ethereum (ETHUSD) when it was trading at around $2300; see here. Back then, we expected ETHUSD to correct to...
Cryptocurrency king is facing dramatic losses today as overnight price action shows that the Bitcoin prices dropped over 6% today. While some investors are booking profit but Hodlers know that they...
Kerrisdale Capital has recommended a unique investment strategy involving Bitcoin and MicroStrategy Incorporated (NASDAQ:MSTR) shares. The investment firm suggests going long on Bitcoin while shorting...
Bitcoin has struggled to overcome a very important price level for more than two years: the 1.618 Fibonacci extension level.This price area is especially important as it marked Bitcoin’s...
Three weeks ago, see here, we found for Bitcoin (BTC/USD), based on our Elliott Wave Principle (EWP) analyses, “We don’t expect that [the March 4th] intra-day pullback of 14.8% was all...
Amid the volatility in crypto markets, Bitcoin spent the week testing key support levels and reacting to macroeconomic data. This came after high US inflation in February triggered a sell-off in...